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20130113
20130121
Search Results 0 to 10 of about 11 (some duplicates have been removed)
and president obama doesn't want to recognize that that problem exists. >> when you say no one is talking about defaulting on the debt, does that also include letting the debt ceiling lapse? >> well, you know, larry, what we're once again up on the debt ceiling. we have been here before, a year and half ago we were having this debate again. i supported a plan cut cap and balance that would have focused on solving the problem. but clearly we haven't sold the problem and credit card is maxed out again and president obama wants to get that money from china and send the bill to the kids. so any deal to solve this latest crisis ought to include a solution to their actual problem that got us here. >> is john boehner's role still in place? one for one for every dollar of debt increase there should be a dollar of spending reduction? >> i think you need a start with that. then you've got to actually put real programs in place that solve this problem long term. because look, if we don't solve this problem coming up in the next few weeks, we're going to be back here in another few months because president
. president obama spent the better part of the hour talking about the debt ceiling. so we'll go into the details about what it is, exactly. it is a cap on the amount of money the federal government may borrow. the cap is actually set by congress. so it includes money the federal government borrows from the public. for example, u.s. bonds, right? also includes debt that the treasury owes the government, trust funds like social security and medicare. right now, the ceiling, is it set at almost $16.4 trillion. the country's borrowing already hit that mark. that happened on december 31st. so the ceiling is raised periodically because both parties, they have to have approved the tax cuts and the spending increases over the years, knowing that they're going to add to the deficits. by doing so, they increase the country's need to borrow in the future. since 1962, congress has raised the debt limit 76 times, 11 times in the past decade. i want to talk about the debate over the debt ceiling, how it affects the overall economy. our georgia tech economics professor, danny boston joining us
copyright national cable satellite corp. 2013] >> president obama talking about the debt ceiling and gun violence with the reporters. he said he would be looking at recommendations from vice- president biden on how to deal with gun violence. he has been leading a carillon that. you can see all those live on the c-span video library. one week to go until the inauguration for the president's second term. you can watch live coverage on c-span. the swearing in will be at noon and then the state of the capital at the luncheon. throughout the day, we will take your phone calls on base against water. live coverage starting monday, january 21st, at 7:00 a.m. eastern you can watch online and listen to seize band radio. still ahead, at 1:00, the mayor of los angeles, mayor villaraigosa, at the press club. that is in about 25 minutes starting at 1:00 eastern. on capitol hill today, the house gavels in core business at 2:00 p.m. eastern and vote expected after 6:00 p.m. eastern. on the docket for today, and relief for victims of hurricane sandy. they're considering amendments to that billion you can
obama. you have guys that have worked for supreme court justices that say even talking about this is unconstitution unconstitutional. no, it's not. scalia said you have a right to protect your family and have a handgun in your house. the other things, that's subject to government regulation. they overreached. the mothre they overreached, i warned them, i have been a member all my life -- >> that's nice. >> i will do it again. >> willie, what's my biggest fault. >> you love a little too much. >> that is it. >> i love a little too much. i shared some of that love last week. anyw anyway, it is a still not too late. they can come to the table and be part of a comprehensive package. i'm sure joe biden will accept them and joe manchin will accept them and conservatives will accept them to come to the table. i'm sure their membership wants them to do it, not the survivalists or gun manufacturers who have made millions of dollars off the death of 6 and 7 year-olds, the truth. it's not too late. if they keep their feet in cement, they're going to be run over, not by joe biden, but the
up what our first read has put out today, talking about president obama's announcement, saying bottom line, obama is going to go as big as he can go, realizing there's little political downside, at least in the short term. chris, your reaction to that? is there really no downside to going straight for this as strongly as he can, fresh out of the gate and off the heels of the gun task force of the vice president's suggestions? >> well, obviously it's going to depend on what the president proposes but i think you've seen from the polls and i think you've seen the reaction from the country that something needs to be done. this is not something that's going to be solved with one simple measure. i think the president and his team have decided that a more comprehensive, bold approach is the smart thing to do. part that's disappointing to me is in this entire debate that kind of erupted obviously after the newtown shootings, is you've not heard anything from the republicans in terms of what they would be willing to even consider. would they consider magazines, would they consider any type of
with the headline saying that he could slow down obama's efforts on gun control. have the two of you talked about any sort of compromise legislation? guest: we've had some good conversations in terms of the leadup to this new congress. he called to congratulate me, and he and i have had some discussions about different things that we might work together on, but we have not specifically spoken about gun issues. host: immigration reform? guest: we have not talked about immigration reform in the broader sense and my predecessor, lamar smith, had extensive discussions with regard to the legislation that the house passed at the end of the last congress in december to address a program that i've been trying to eliminate for many years called the visa lottery or visa diversity program. 55,000 green cards given away not based on family reunification or job skills that are needed in the united states but based on pure luck. that was then tied to a program to encourage people who attend u.s. universities with science, technology, engineering and mathematics backgrounds to stay in the u.s., use those skills
an amount of uncertainty, if you will. just today president obama was talking about what could happen if congress doesn't agree to let the government essentially pay its bills. let's listen. >> america cannot afford another debate with this congress about whether or not they should pay the bills they've already racked up. if congressional republicans refused to pay america's bills on time, social security checks and veterans benefits will be delayed. >> so the truth is the president and the congress actually have to agree on all of this to end up getting a deal. but the question for you, suze, is what are americans supposed to do during a time of uncertainty? for example, if you're thinking about making a big purchase, should you do it now or wait till the president and the congress figures it out? >> the time has come, in my opinion that americans realize that their future cannot be in the hands of politicians. that their financial future has to be held tightly right within their own grips. and if they don't have the money to buy something outright, if they have to put it on a credit
that president obama understands that we're serious. well, i guess that would do it. we always talk about whether or not we're going to kick the can down the road. i think the mood is that we have come to the end of the road. what road? and republican congresswoman marsha blackburn of tennessee said this to msnbc's chris jansing. let me ask you if you're willing to shut the government down? >> we're looking at all the options, there is the option of government shutdown, the option of raising the debt ceiling in short-term increments. i think there is a way to avoid default if it requires shutting down portions of the government. let's look at that. >> and in his press conference, president obama quoted speaker john boehner from 2011. >> that would be a financial disaster, not only for our country but for the worldwide economy. i don't think it is a question that is even on the table. >> and the last question of his press conference, the president was asked if he may be more successful with some of the nuts you just heard from if he spent more quality time with them. >> you and your staff are too
. there are a lot of americans out there who own guns who think president obama will want to take them away. >> well, that is true. as we talked about before. we're seeing an incredible swelling not only in the purchasing of guns but in the, in nra membership as well. i think that there is an expected, expectation on the part of the administration that the national rifle association's power is going to be quite, formidable and that they are not going to be able to pass everything in their legislative package, which as you mention is going to be outlined in specifics, soon. it will include, an assault weapons ban. it will include restrictions on magazine clips and high capacity ammunition. that is the kind of thing that will be fought hard by the nra. white house doesn't expect an assault weapons ban to pass but it will include it in its goals because they want to include everything in its goals. i think what they're expecting in the end to find consensus on is more like, i said, consensus and cooperation in the area of background checks and screening, before guns are purchased. maybe the closing of
imagine that the same thing would happen with obama. and, of course, there would be this attendant impact on the economy and attendant impact on people getting their government benefits and all sorts of things. so, again, i think the republican party talks about refashioning and rebranding and i think one of the ideas is to look at reagan. they always talk about reagan, but if you look at some of the things reagan actually did around immigration reform, for instance, this isn't a party that so far is will to do that and embrace some of those parts of reagan's legacy. >> steve, we heard colin powell saying this weekend that he doesn't understand why senior republicans continue to tolerate the kind of racial code words that actually proved self-injurious to their party. yet when they talk about the debt creating they're help to injure the nation so long as they get their own way. is this party destined for a reputation that has nothing to do with constructive help and more about damaging themselves and the country? >> i think there was something significant in what you played from blackburn
Search Results 0 to 10 of about 11 (some duplicates have been removed)